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LIC shares record third straight day of downturn, plummet 25% from peak

[ad_1] Life Insurance Corporation (LIC), India’s largest life insurer, witnessed a further 2.80% decline in its share price during today’s trading session, settling at ₹879.50 per share. This drop marks the stock’s third consecutive decline, resulting in an accumulated decrease of nearly 8.2% over the past three days.  The decline comes amidst the announcements of plans to increase wages by approximately 17% for its one lakh employees. On Friday,…

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